UCBL gets new addl MD

Mohammad Mamdudur Rashid recently joined United Commercial Bank Limited (UCBL) as additional managing director. He has been in the financial services industry for over 25 years, out of which 22 years have been in banking, a career that began in 1995 with Citibank-Bangladesh. In his banking career that covers multiple cultures across Bangladesh, India and Australia, Mr. Rashid managed a number of functional areas covering business, risk, finance, operations, compliance, credit administration, HR and general services. In his immediate past banking role, he has been the additional managing director and head of wholesale banking of BRAC Bank Limited, where he joined in December 2009. He also held various other senior roles at BRAC Bank, including those of chief financial officer and strategic leadership for SME business. In his 15 years career in Citibank, he was the head of strategic planning for Citibank-Australia and New Zealand for its institutional banking business. — Statement